By a vote of 6-1, with two councilors absent, the Loveland City Council approved the second reading of an ordinance allowing the city to issue the bonds. Loveland staff will now begin the three-year process to construct a city-wide fiber broadband network that is capable of offering up to gigabit speeds for any resident or business. The city and its consultants will immediately start the process of bonding for about $97 million (the exact amount depends on a number of factors, including the interest rate on the bonds, the term of the bonds and structure of the financing).
How fast, reliable connectivity will advance the Greater Washington Area
Cathy Piche, East Area President at Crown Castle, published a guest post with the Greater Washington Board of Trade, stating "Crown Castle applauds the Greater Washington Board of Trade, the Metropolitan Washington Council of Governments, and the Consortium of Universities of the ...
The 5G rollout has cell tower stocks in ‘raging bull market mode’: Cramer
CNBC’s Jim Cramer reported on tower companies Crown Castle, American Tower and SBA Communications, who have had minor exposure to China and continue riding the "decades-long tailwinds" in wireless technology. The impending rollout of fifth generation technology has been a ca...
How warp-speed wireless will transform business
Chicago is one of the first U.S. markets to get 5G. However, it will take time – likely several years – before coverage is widespread enough to be really useful. Crown Castle, which installs equipment and leases it to various carriers, received more than half the permi...
Enhancing wireless technology
Crown Castle’s Michael Petricone, Senior Vice President of Government Affairs, Consumer Technology Association (CTA), published an op-ed in The Georgetowner noting, "Everyone is committed to installing equipment on poles that will blend into the environment to preserve the a...
5G can’t come soon enough for these stocks
There are three main players in the wireless tower space: $86-billion market value American Tower, $53-billion Crown Castle International—both structured as real-estate investment trusts, or REITs—and $23 billion SBA Communications (SBAC). Wells Fargo analyst Jennifer Fritzsche sa...
ABNY Talks – Mobile broadband infrastructure by Chris Levendos
Crown Castle VP of Network Engineering and Operations Chris Levendos presented on mobile broadband infrastructure to the Association for a Better New York (ABNY) this past January, stating "some of the key infrastructure investments that are necessary here in New York City to enab...